All Le Coq Sportif articles – Page 2

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Le Coq Sportif posts double-digit sales growth in H1

2022-10-06T13:32:00Z

Le Coq Sportif saw sales in the first half of 2022 jump to €65 million, representing a 23 percent increase compared to the first half ended June 2021. The strong performance was primarily driven by international sales, which rose by 80 percent. Textile sales, which registered a 13 percent growth, ...

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Go Sport opens new Paris store “La Salle de Sport”

2022-09-27T13:56:15.243Z

Less than one year after the acquisition of Go Sport by Hermione People & Brands for one symbolic Euro from Rallye, the company has opened its first new store in Paris. The new, 1,700-square-meter ‘La Salle de Sport’ (the gym) retail concept at Boulevard de la Madeleine in the heart ...

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Descente increases stake in Ningbo Le Coq Sportif

2022-08-11T08:57:00Z

Japanese sportswear and accessories company Descente Ltd. announced in a notice to shareholders that it has increased its stake in Le Coq Sportif (Ningbo) Co. Ltd. (NLCS). NLCS was established by Sugiei and Itochu Textile (China) Co., Ltd. (ITS), a subsidiary of Itochu Corporation, in 2004 to expand the brand’s ...

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Airesis sees FY losses narrow as revenues rise 41%

2022-05-02T06:15:00Z

Airesis, the Swiss holding company that controls Le Coq Sportif and Movement Skis, saw its net loss in the year ended Dec. 31 narrow to 10.6 million Swiss francs (€10.4m) from CHF 23.4 million the year earlier as consolidated revenues grew by 41 percent to CHF 143.9 million (€140.9m), supported ...

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Airesis’ H1 revenues soar by 86%, losses narrow

2021-09-29T16:52:00Z

Airesis, the Swiss holding company that controls Le Coq Sportif and Movement Skis, saw its net loss in the first half ended June 30 narrow to 9.4 million Swiss francs (€8.7m-$10.2m) from CHF 18.5 million the year earlier. Consolidated revenues jumped by 86 percent to CHF 59.9 million (€55.3m-$64.9m), as ...

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Le Coq Sportif expands French production

2021-09-17T15:12:00Z

Le Coq Sportif has launched the construction of an extension to its French sports clothing factory at Romilly-sur-Seine that will employ 80 persons, joining the 100-odd employees of its existing plant. Measuring 3,000 square meters, it should come on stream at the end of 2022. Yannick Noah and other brand ...

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Descente lifts profit outlook as sales, profits rebound in Q1

2021-08-13T15:28:00Z

Descente raised its guidance for full year profits and maintained its outlook for sales after staging a strong recovery in the top and bottom lines in the first quarter ended June 30. As sporting events resumed, the Japanese sportswear company’s sales increased in the quarter by 44.5 percent to ¥22,481 ...

Article

Le Coq Sportif is being refinanced

2021-05-20T16:01:00Z

The board of directors of Airesis has authorized the conclusion of convertible loans worth 2.5 million Swiss francs (€2.3m-$2.8m) to sustain the momentum of its major subsidiary, Le Coq Sportif, whose sales went up by 35 percent in the first quarter of 2021, followed by a 82 percent increase in ...

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Le Coq Sportif enters e-sports

2021-01-11T17:32:00Z

Le Coq Sportif has become an official sponsor of Nongshim RedForce, formerly known as Team Dynamics, an e-sport team that competes in League of Legends Champions Korea (LCK). The team rebranded to Nongshim RedForce for the 2021 season. The deal marks Le Coq Sportif’s entry into the e-sports market. Nongshim ...

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Le Coq Sportif and its parent book a loss for 2019

2020-05-13T13:03:00Z

Airesis, the Swiss holding company of Le Coq Sportif and Movement Skis, reports a net loss of 11.4 million Swiss francs (€10.8m-£11.8m) for 2019, compared with a loss of CHF 891,000 in the prior year. Consolidated revenues rose by 3 percent to CHF 157.5 million (€149.7m-£162.6m). Le Coq Sportif, in ...

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Le Coq to be present at the Olympics

2020-03-13T18:53:00Z

Le Coq Sportif has secured an agreement to supply apparel for the French Olympic and Paralympic team for the Paris 2024 Games. The French brand was awarded the wide-ranging kit deal by the Paris 2024 organizers as a result of an apparel supplier tender that was issued back in September. ...